The Bitcoin price (BTC/USD) has soared to a nine-and-a-half-month high above $8,000 amid a strong uptrend observed across the wider digital currency market.

BTC keeps advancing

The original cryptocurrency had a slow start to yesterday’s session, as it was trying to retain its position above $7,000 in the wake of a market correction that followed the coin’s weekend rally. Bitcoin spent the entirety of the morning session trading around the $7,000 mark, seemingly struggling to resume its advance. This was largely in line with a larger cryptocurrency trend that saw most major digital coins trading significantly below than their weekend highs.

The situation changed dramatically in the afternoon, when the coin experienced a sharp uptick toward the $8,000 mark. BTC rose to as high as $8,047.41, before pulling back in the final hours of the session. Still, Bitcoin finished the session at $7,814.92, well above its opening level of $6,971.18.

The coin continued it advance in today’s early trading, with its price rising to…

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Source: https://thebitcoinnews.com/bitcoin-price-tops-8000-as-bakkt-reveals-plans-to-start-bitcoin-futures-tests-soon/